ACC201 Edmonds Community College Debts and credits Video Discussion

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Participation Exercise #3: After viewing the video below respond to the following questions:

1. Do you have any “tricks” to remember the debit and credit rules.

2. Which types of transactions do you find most difficult to classify and record.

Participation Exercise #4: After viewing the video below respond to the following questions:

1. What are the disadvantages of having debt? Advantages? Explain?

 
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